Tag: Rochester Medical
C.R. Bard agrees to $17M settlement following kick-back allegations
January 27, 2025HME News Staff
ATLANTA – C.R. Bard and its affiliates, Liberator Medical Supply, Liberator Holdings and Rochester Medical, have agreed to pay $17 million to resolve allegations that they provided free samples and discounts to encourage urology practice groups to use their prescription form for prescribing intermittent catheters for their patients, according to the U.S. Attorney’s Office, Northern District of Georgia.
The provision of remuneration – anything of value – to induce...
In brief: Prodigy responds to FDA, Sunrise launches program
September 6, 2013HME News Staff
CHARLOTTE, N.C. - Prodigy Diabetes Care has conducted a regulatory assessment by an independent auditor to examine, review and revise certain procedures and training to ensure compliance with FDA requirements, it told patients, caregivers and partners in a Sept. 4 letter.
“Prodigy assures you that this attention to improvement is an ongoing effort to ensure full compliance,” stated CEO Richard Admani in the letter.
In a Feb. 22 letter, the FDA warned Prodigy about numerous violations,...
Bard to acquire Rochester Medical
September 5, 2013HME News Staff
MURRAY HILL, N.J. - C.R. Bard and Rochester Medical, two players in the urology market, announced Sept. 4 that they have entered into an agreement to merge. The deal is expected to close later this year, with Bard paying $20 per share, about $262 million, for Rochester. “Rochester's double-digit growth product portfolio, including their customer access programs, is a key building block in our strategy to access faster growing markets over the long-term,” stated Timothy Ring, Bard...